Home / Business / Broken mirror “Deutsche Bank”

Broken mirror “Deutsche Bank”

Разбитое зеркало "Дойче банка"

It seems that on the background of long-term troubles, our famous financial institution suddenly had a very bad luck a broken mirror. We are talking about the scandal with the so-called mirror transactions on the Moscow – London.

Tell this fantastic scheme simple, so as not to lull the reader’s attention.

Thus, a Russian Fund is the broker buys for his customer Moscow Givi alibabaevich of $ 100 million shares of Gazprom in rubles in Russia. All legal? Absolutely.

Another, but foreign Fund, at the same time sells belonging to his client, Givi Alibabar shares of the “Gazprom” on 100 million dollars in the West. Legal? Absolutely!

Then the mediator, in our case Deutsche Bank, throwing money in the accounts of Givi Alibabaevich, puts it to his cashier a 5% Commission, and the Givi Alibabaevich tells friends at dinner in London Hakkasan” that “in just five through Deutsche brought from Russia a hundred Lyamov greens”.

Of course, no Givi in this scheme does not exist, it is a figure of speech. Deutsche Bank claims this week by the influential magazine “the new Yorker” (The New Yorker), converted, that is pumped out of Russia to offshore via a mirror at least 10 billion dollars to Moscow very serious people.

But the fact of the problem that perhaps these “serious people” are under international sanctions. And then sinking for more than a year DB faces a huge fine.

But last year DB reported a net loss of 7.45 billion dollars, experienced a lowering of the credit rating and large-scale staff reductions, the fall in the value of shares. But the worst for the markets and the mass public were allegations that Deutsche Bank allegedly holds a huge amount of risky derivatives, those derivatives, which happened Ecumenical crisis in 2008.

The well-known trader Chris Vermeulen on the website for investors TheStreet.com wrote that the Bank holds derivatives nominal value for 72.8 trillion, or 13% of all derivatives, released into the world. Other publications put the number at 42 trillion dollars. Neither one nor the other the amount of human imagination can not accommodate, although I must say that most of these trillions of them exist only in virtual space. But how does the independent expert of the General Invest:

“The main danger in this situation is uncertainty and the only person that could somehow shed light on this issue, never publicly recognized that the position of the threat (because it automatically would cause the collapse of not only Deutsche Bank but also of the market). In a critical situation of any Bank bluff – the only hope for salvation.”

It turns out that international penalty for “broken mirror” DB not to worry… Not because the amount would be unaffordable, but for the reason that the bailout bluff is forced to end.

It is not excluded that the growing interest of Americans to the DB due to one very spicy political cause.

The Dow Jones Agency published the results of its own investigation, which shows that there is only one major world Bank, which can always rely scandalous presidential candidate trump.

This is Deutsche Bank, which over the years of cooperation with Donald trump and related companies have provided loans for $ 3.5 billion. And this despite the fact that, according to The Wall Street Journal, major U.S. banks JP Morgan Chase, Morgan Stanley and Citigroup terminated the agreement with the billionaire politician.

Here is the devils woolen, Golden boys DB, poher epic German caution! It should, however, be noted that the mirror itself London – Moscow invented still not the Germans. But two Russian broker – Sergey Suverov and Igor Volkov. But the responsibility for this innovation may be all of Germany. And she’s not alone…

Without waiting for the outcome of the American investigation John Krien, a new Chairman of the management Board of Deutsche Bank, has already announced the termination of investment banking in Russia.

Nevertheless, the world Bank has named Deutsche Bank the most dangerous and systemically important Bank collapse which could plunge the world into another financial abyss. If it happens, Lehman Brothers and all the consequences of 2008 will seem to us a cracker, the cracker, compared to the tsunami of possible bankruptcies and losses in the fragments of “broken mirror”.

Check Also

UK house prices fall by 1.8% during year amid higher mortgage costs

Property market weak, says Nationwide, which expects prices to remain flat or drop slightly in …